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My mother passed 1/6/2018 Her brokerage account is a Transfer on Death. Is it included in the estate? if we sell the assets who is responsible for the taxes on gains?
A transfer on Death account that has appreciated stocks, once we sell them to close out the account, where or who pays the taxes on the gains etc? Does the account pay the taxes prior to sending out to the TOD beneficiaries??
Thanks
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‎June 4, 2019
5:29 PM